Clearfield, Inc. (CLFD)

NASDAQ: CLFD · IEX Real-Time Price · USD
56.65
8.00 (16.44%)
Jan 28, 2022 2:06 PM EST - Market open
Market Cap779.21M
Revenue (ttm)140.76M
Net Income (ttm)20.33M
Shares Out13.75M
EPS (ttm)1.47
PE Ratio38.54
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume482,818
Open55.74
Previous Close48.65
Day's Range54.00 - 58.19
52-Week Range27.67 - 86.71
Beta1.04
AnalystsStrong Buy
Price Target80.00 (+41.2%)
Earnings DateJan 27, 2022

About CLFD

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor ...

IndustryCommunications Equipment
Founded1979
CEOCheryl Beranek
Employees250
Stock ExchangeNASDAQ
Ticker SymbolCLFD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for Clearfield stock is "Strong Buy." The 12-month stock price forecast is 80.00, which is an increase of 41.22% from the latest price.

Price Target
$80.00
(41.22% upside)
Analyst Consensus: Strong Buy

News

Clearfield shares surged 20% on Friday morning: explained here

Shares of Clearfield Inc (NASDAQ: CLFD) are up nearly 20% on Friday after the passive connectivity products maker reported strong results for its fiscal first quarter and raised guidance for the future ...

2 hours ago - Invezz

Why Are Clearfield Shares Trading Higher Premarket?

Clearfield Inc (NASDAQ: CLFD) reported first-quarter FY22 net sales of 89% year-on-year to $51.1 million, beating the consensus of $41.3 million. The increase in net sales was due to higher sales across...

4 hours ago - Benzinga

Clearfield (CLFD) Q1 Earnings and Revenues Top Estimates

Clearfield (CLFD) delivered earnings and revenue surprises of 53.06% and 21.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

19 hours ago - Zacks Investment Research

Clearfield Reports Record Fiscal First Quarter 2022 Results

MINNEAPOLIS, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management and connectivity platforms for communication service providers, reported results for th...

22 hours ago - GlobeNewsWire

Will Solid Broadband Demand Aid Clearfield (CLFD) Q1 Earnings?

Clearfield (CLFD) is likely to have recorded year-over-year higher revenues due to strong broadband demand in the rural markets.

2 days ago - Zacks Investment Research

Clearfield (CLFD) Earnings Expected to Grow: Should You Buy?

Clearfield (CLFD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

Clearfield Sets Fiscal First Quarter 2022 Earnings Call for Thursday, January 27, 2022 at 5:00 p.m. ET

MINNEAPOLIS, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, will hold a conference call on Thursday, January 2...

1 week ago - GlobeNewsWire

Clearfield (CLFD) Stock Sinks As Market Gains: What You Should Know

Clearfield (CLFD) closed the most recent trading day at $68.70, moving -1.28% from the previous trading session.

2 weeks ago - Zacks Investment Research

Clearfield Ranks Among IBD's 100 Best Companies of 2021

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Clearfield ranked 14th on the list of Investors Business Daily's Best Companies of 2021.

3 weeks ago - Business Wire

Clearfield to Present at the 24th Annual Needham Virtual Growth Conference on January 11, 2022

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Clearfield will be virtually presenting and holding one-on-one meetings at the 24th Annual Needham Virtual Growth Conference on January 10-14, 2022.

3 weeks ago - Business Wire

Clearfield (CLFD) Gains As Market Dips: What You Should Know

Clearfield (CLFD) closed at $81 in the latest trading session, marking a +0.81% move from the prior day.

3 weeks ago - Zacks Investment Research

5 Stocks With Recent Price Strength to Enhance Portfolio

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are PLAB, BRDG, CLFD, VSTO and ACLS.

Other symbols:ACLSBRDGPLABVSTO
3 weeks ago - Zacks Investment Research

Best-Performing Stocks of the Top U.S. ETF of December

iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.

Other symbols:CIENEXTRIGNINFNLITE
4 weeks ago - Zacks Investment Research

Reminiscences of the Tech Bubble: 3 Former Darlings Eclipsing Prior Highs

3 Former Tech Darlings Eclipsing Prior Highs

Other symbols:MSIQCOM
1 month ago - Zacks Investment Research

Top 5 Stocks to Gain in 2022 From U.S. Infrastructure Spending

We have narrowed our search to five stocks that are likely to gain from the Biden administration's infrastructure development legislation. These are: CLFD, CR, CMC, ALTR and TMST.

Other symbols:ALTRCMCCRTMST
1 month ago - Zacks Investment Research

Clearfield's Kevin Morgan Elected Board Chairman for Fiber Broadband Association

MINNEAPOLIS--(BUSINESS WIRE)-- #fiber--Morgan's decades of telecom experience will provide leadership as the industry is poised for significant growth

1 month ago - Business Wire

Is Clearfield (CLFD) Outperforming Other Computer and Technology Stocks This Year?

Here is how Clearfield (CLFD) and Celestica (CLS) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Clearfield (CLFD) Outpaces Stock Market Gains: What You Should Know

Clearfield (CLFD) closed at $66.30 in the latest trading session, marking a +0.9% move from the prior day.

1 month ago - Zacks Investment Research

Clearfield Joins Ranks of Forbes America's Best Small Companies

MINNEAPOLIS--(BUSINESS WIRE)-- #Forbes--Ranking 12th on the list of Forbes Top 100 Small Cap Companies highlights the company's value creation and long-term market impact.

1 month ago - Business Wire

Clearfield Elects Industry Veterans Carol Wirsbinski and Walter Jones, Jr. to the Board of Directors

MINNEAPOLIS, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communication service providers, has elected telecommunications industry veterans C...

1 month ago - GlobeNewsWire

What Makes Clearfield (CLFD) a Good Fit for "Trend Investing"

Clearfield (CLFD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our...

1 month ago - Zacks Investment Research

5 Stocks With Recent Price Strength Despite Market Volatility

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are MGPI, CPLP, CLFD, BLDR and TGLS.

Other symbols:BLDRCPLPMGPITGLS
1 month ago - Zacks Investment Research

Is Clearfield (CLFD) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Clearfield (CLFD) and Celestica (CLS) have performed compared to their sector so far this year.

2 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for November 22nd

LC, PLCE, ZIM, and CLFD made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 22, 2021.

Other symbols:LCPLCEZIM
2 months ago - Zacks Investment Research

Clearfield (CLFD) Upgraded to Strong Buy: Here's What You Should Know

Clearfield (CLFD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

2 months ago - Zacks Investment Research